Happy Spring...finally!!! After what seemed like an eternity, it appears as if Old Man Winter has loosened his grip on us. We hope that you are ready for some spring weather as well, and if you are like us, you have a long list of projects to start tackling.
With the spring market here, real estate is white hot. This is the absolute craziest market I have ever seen in 20-years in the business. Houses are literally selling in hours with multiple offers all above list price. Some are even selling before they hit the market. In fact, that is the case with Jack and Mary Anne's house, which sold before we could even get it listed! They are excited about the new buyers who will love their home as they have and close on May 24th. As you might imagine, this is a very difficult move after living there since 1980! There are lots of memories (and junk) to process, but it will be a very good move for them as they don't need that much house or yard for which to care.
The biggest piece of advice I can give people who are thinking of downsizing or even selling the house and moving into an assisted living community is to 1) start early for de-cluttering, & 2) have your financial affairs in order ahead of time. We see all too often people leave these two items to family members after they are gone and the stress and pain it causes everyone. This is a very difficult subject to broach, to be sure, but one that is absolutely necessary. If you need a very good estate-planning attorney, and/or people who can help with de-cluttering/selling items, please call us. We have several excellent recommendations we can give you so you can be ahead of the game and have everything planned out, according to your wishes and not leave your family guessing.
Jack and Mary Anne are looking forward to celebrating their 50th Wedding Anniversary this summer!!! It is hard to believe it has been that long. Michelle and I are planning a nice celebration to mark this impressive milestone and look forward to reaching it ourselves one day.
Brigid is staying very busy with her work at Merck and, on top of that is remodeling both of our girls' bathrooms. We hope to have those finished by the end of the weekend. Not a fun job, but a rewarding one!! Tali just finished her final gymnastics' meet for the season and is practicing all summer to prepare for moving up a level next season. She so loves gymnastics and we love supporting her. Ana is preparing for her month-long trip to Europe with Blue Lake Fine Arts camp this summer. We are looking forward to seeing her perform in Belgium and then spending a few days in Paris. This will be a trip of a lifetime!
Brigid's brother Jim was just awarded Professor of The Year at Northeastern University out of over 1,600 professors as well as he just received his tenure. We are so proud of him for all of his hard work!! Amazing!!!
Below are some staggering stats for our housing market courtesy of MIBOR comparing March 2018 to March 2017. We have never seen inventory this low...ever. This is literally historic. If you are even remotely thinking of selling, please call us as proper planning is crucial to achieving your goals and ensuring a smooth transition.
New Listings-DOWN 8.8% to 3,932 units
Pending Sales-UP 30.5% to 4,285 units
Closed Sales-DOWN 7.5% to 2,966 units
Median Sales Price-UP 11.2% to $173,500
Average Sales Price-UP 10.6% to $209,313
Percent of Original List Price Received at Sale-UP 1.2% to 95.9%
Total Active Listings Available at Month End-DOWN 34.7% to 5,708 units
Months Supply of Inventory-DOWN 34.5% to 1.9 months
Thank you to all of our friends and clients for joining us a Matt The Miller's last Wednesday for our monthly Happy Hour! We had a great time, as always and hope you can join us next month on May 16th from 5-6:30PM at Matt The Miller's in Carmel. Food and drinks are on me!!
We hope you enjoy reading this month's newsletter. If you would like a paper copy, please let me know. We are sending a limited number out and would be happy to add you to the list, if you prefer that over electronic. Happy Spring!!!
Click here to read our May newsletter
Click here for the most powerful real estate app available
Click here for a video market update
Click here for coupons and discounts at places you shop every day
Click here for our new construction video series
Click here for some fun testimonials
Your Friends in Real Estate,
Steve, Jack, Kylie, & Julia
P.S. Please don't keep us a secret!
With the spring market here, real estate is white hot. This is the absolute craziest market I have ever seen in 20-years in the business. Houses are literally selling in hours with multiple offers all above list price. Some are even selling before they hit the market. In fact, that is the case with Jack and Mary Anne's house, which sold before we could even get it listed! They are excited about the new buyers who will love their home as they have and close on May 24th. As you might imagine, this is a very difficult move after living there since 1980! There are lots of memories (and junk) to process, but it will be a very good move for them as they don't need that much house or yard for which to care.
The biggest piece of advice I can give people who are thinking of downsizing or even selling the house and moving into an assisted living community is to 1) start early for de-cluttering, & 2) have your financial affairs in order ahead of time. We see all too often people leave these two items to family members after they are gone and the stress and pain it causes everyone. This is a very difficult subject to broach, to be sure, but one that is absolutely necessary. If you need a very good estate-planning attorney, and/or people who can help with de-cluttering/selling items, please call us. We have several excellent recommendations we can give you so you can be ahead of the game and have everything planned out, according to your wishes and not leave your family guessing.
Jack and Mary Anne are looking forward to celebrating their 50th Wedding Anniversary this summer!!! It is hard to believe it has been that long. Michelle and I are planning a nice celebration to mark this impressive milestone and look forward to reaching it ourselves one day.
Brigid is staying very busy with her work at Merck and, on top of that is remodeling both of our girls' bathrooms. We hope to have those finished by the end of the weekend. Not a fun job, but a rewarding one!! Tali just finished her final gymnastics' meet for the season and is practicing all summer to prepare for moving up a level next season. She so loves gymnastics and we love supporting her. Ana is preparing for her month-long trip to Europe with Blue Lake Fine Arts camp this summer. We are looking forward to seeing her perform in Belgium and then spending a few days in Paris. This will be a trip of a lifetime!
Brigid's brother Jim was just awarded Professor of The Year at Northeastern University out of over 1,600 professors as well as he just received his tenure. We are so proud of him for all of his hard work!! Amazing!!!
Below are some staggering stats for our housing market courtesy of MIBOR comparing March 2018 to March 2017. We have never seen inventory this low...ever. This is literally historic. If you are even remotely thinking of selling, please call us as proper planning is crucial to achieving your goals and ensuring a smooth transition.
New Listings-DOWN 8.8% to 3,932 units
Pending Sales-UP 30.5% to 4,285 units
Closed Sales-DOWN 7.5% to 2,966 units
Median Sales Price-UP 11.2% to $173,500
Average Sales Price-UP 10.6% to $209,313
Percent of Original List Price Received at Sale-UP 1.2% to 95.9%
Total Active Listings Available at Month End-DOWN 34.7% to 5,708 units
Months Supply of Inventory-DOWN 34.5% to 1.9 months
Thank you to all of our friends and clients for joining us a Matt The Miller's last Wednesday for our monthly Happy Hour! We had a great time, as always and hope you can join us next month on May 16th from 5-6:30PM at Matt The Miller's in Carmel. Food and drinks are on me!!
We hope you enjoy reading this month's newsletter. If you would like a paper copy, please let me know. We are sending a limited number out and would be happy to add you to the list, if you prefer that over electronic. Happy Spring!!!
Click here to read our May newsletter
Click here for the most powerful real estate app available
Click here for a video market update
Click here for coupons and discounts at places you shop every day
Click here for our new construction video series
Click here for some fun testimonials
Your Friends in Real Estate,
Steve, Jack, Kylie, & Julia
P.S. Please don't keep us a secret!
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